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6/16/10

France To Raise Retirement Age To 62 To Help Cut Debt

The French government Wednesday outlined pension reforms, including an increase in the retirement age to 62 from 60 and tax increases, in a bid to balance the books of France's pension scheme by 2018. The move will test the resolve of Nicolas Sarkozy's government to pass a number of structural reforms.

For more: UPDATE: France To Raise Retirement Age To 62 To Help Cut Debt - WSJ.com

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